Pahrump, California Property Taxes
The median property tax rate in Pahrump, CA is 1.03%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Pahrump, the typical annual property tax bill is $405, significantly below the national median of $2,690. Property taxes in Pahrump are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pahrump's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pahrump or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pahrump, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$397
$368
Ownwell’s Pahrump Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Pahrump with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pahrump to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pahrump, California
Property taxes in Pahrump, California, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pahrump is 1.03%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Pahrump set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pahrump estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Pahrump's effective property tax rate to other counties in California and the national median. For comparison, the 89061 zip code has the highest median property tax rate of 1.06%, while the 89060 zip code has the lowest median tax rate of 0.98%. Understanding how these cities compare with Pahrump provides valuable insights into the varying tax landscape across Inyo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pahrump Tax Rate
1.03%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pahrump, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89060 | 0.94% | 0.97% | 0.98% | 0.98% | 1.00% |
| 89061 | 0.91% | 1.03% | 1.06% | 1.10% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Pahrump, California
In Pahrump, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the local appraisal district for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Pahrump, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For example, the highest median tax bill in Pahrump is $2,113 in the 89060 zip code, while the lowest median tax bill is $333 in the 89061 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pahrump Assessed Value
$38,551
Average Inyo County Assessed Value
$188,456
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pahrump, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89060 | $137,741 | $188,432 | $213,500 | $246,680 | $273,603 |
| 89061 | $15,524 | $19,074 | $32,204 | $38,446 | $53,945 |
Source: Ownwell
Property Tax Bills Across Pahrump, California
In Pahrump, located in Inyo County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Pahrump is $38,551. Property tax rates in this area are influenced by local government budgets and voter-approved measures. Factors such as property improvements and market conditions also play a role in determining the assessed value. Homeowners in Pahrump can expect their property tax bills to vary significantly. The tax bill at the 25th percentile is $269, while at the 75th percentile, it rises to $1,418. At the 90th percentile, it can reach up to $2,323. The highest median tax bill recorded in the area is $2,113 in the 89060 zip code, while the lowest is $333 in the 89061 zip code. These variations can significantly impact homeowners, affecting their overall financial planning and housing affordability. Compared to the national median property tax rate of 0.99%, Pahrump's property tax rates offer a diverse range of financial implications for residents.
Average Pahrump Tax Bill
$405
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Pahrump, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89060 | $1,265 | $1,656 | $2,113 | $2,421 | $2,658 |
| 89061 | $173 | $214 | $333 | $402 | $550 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Inyo Tax Assessor | |
| Website | ca-inyo.publicaccessnow.com |